LAVAL, Quebec, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Savaria Corporation (“Savaria”) (TSX: SIS) one of the global leaders in the accessibility industry, announces it will release its financial results for the fourth quarter of 2025 after market closes on March 4, 2026. Savaria’s management will hold an investor conference call and webcast at 8:30 a.m. Eastern Standard Time (EST) on Thursday, March 5, 2026. Investors and members of the media are invited to participate on a listen-only basis. Conference call acce ...

Core Insights - Savaria Corporation has completed the acquisition of substantially all assets of Baxter Residential Elevators, LLC, enhancing its position in the accessibility industry [1][3] Group 1: Acquisition Details - Baxter Residential Elevators (BRE) generated approximately US$4 million (C$5.5 million) in revenue in 2025 and has strong relationships with homebuilders in North Texas, particularly in the luxury residential segment [2] - The acquisition provides Savaria with a direct presence in the Dallas metropolitan area, a strategically important market due to Texas's rapid growth in residential and commercial construction [3] Group 2: Leadership and Future Plans - Richard D ("RD") Baxter, the founder of BRE, will continue to lead the business as a division of Savaria, ensuring continuity for customers and employees [4] - Both RD Baxter and Alexandre Bourassa, President of Accessibility North America, expressed optimism about the partnership and its potential for growth in the home elevator market in Texas [5][6] Group 3: Company Overview - Savaria Corporation is a global leader in the accessibility industry, providing a comprehensive range of accessibility solutions, including stairlifts, wheelchair lifts, and medical equipment [7] - The company operates a sales network of dealers worldwide and employs approximately 2,500 people across various locations, including North America, Europe, Australia, and China [7]

Core Insights - Savaria Corporation, a global leader in the accessibility industry, is hosting an Investor Day on April 14, 2026, in the Greater Toronto Area, featuring management presentations and a tour of its manufacturing facility in Brampton [1] Company Overview - Savaria Corporation specializes in providing accessibility solutions for the physically challenged, enhancing comfort, mobility, and independence [3] - The company offers a comprehensive product line, including stairlifts, wheelchair lifts, elevators, medical beds, and pressure management products [3] - Savaria operates a global sales network with approximately 2,500 employees and manufacturing plants in Canada, the United States, Mexico, Europe, and China [3]

Core Insights - Savaria Corporation, a global leader in the accessibility industry, will release its financial results for Q3 2025 on November 5, 2025, after market close [1] - An investor conference call and webcast is scheduled for November 6, 2025, at 8:30 a.m. ET, where investors and media can participate on a listen-only basis [1] Company Overview - Savaria Corporation specializes in providing accessibility solutions for the physically challenged, enhancing comfort, mobility, and independence [2] - The company offers a comprehensive product line, including stairlifts, wheelchair lifts, elevators, pressure management products, medical beds, and equipment for safe patient handling [2] - Savaria operates a global sales network with approximately 2,500 employees and manufacturing plants in Canada, the United States, Mexico, Europe, and China [2]

Core Points - Savaria Corporation has announced an increase in its monthly dividend to 4.67 cents per common share, representing an annual increase of 3.7% to 56 cents per share [1] - The dividend increase reflects the company's confidence in future profitability and its ability to maintain balance sheet flexibility for debt repayment and growth investments [2] Company Overview - Savaria Corporation is a global leader in the accessibility industry, providing solutions for the physically challenged to enhance comfort, mobility, and independence [3] - The company offers a comprehensive product line, including stairlifts, wheelchair lifts, elevators, pressure management products, medical beds, and equipment for safe patient handling [3] - Savaria operates a worldwide sales network and employs approximately 2,500 people, with manufacturing plants located in Canada, the United States, Mexico, Europe, and China [3]

Core Viewpoint - Savaria Corporation, a leader in the accessibility industry, is set to release its financial results for Q2 2025 on August 6, 2025, followed by an investor conference call on August 7, 2025 [1]. Company Overview - Savaria Corporation is recognized as a global leader in providing accessibility solutions for individuals with physical challenges, enhancing their comfort, mobility, and independence [2]. - The company offers a comprehensive product line, including stairlifts, wheelchair lifts, elevators, pressure management products, medical beds, and equipment for safe patient handling [2]. - Savaria operates a worldwide sales network with direct sales offices in North America, Europe, Australia, and China, employing approximately 2,500 people globally [2].

Core Points - Savaria Corporation, a global leader in the accessibility industry, held its Annual General Meeting of Shareholders where all nominated directors were elected [1][2] - The voting results showed high approval rates for the nominees, with Pernilla Lindén receiving 99.81% in favor, while Alain Tremblay had the lowest approval at 81.24% [2] Group 1: Election of Directors - All nominees listed in the Management Proxy Circular were elected as directors by a majority resolution [2] - Caroline Bérubé received 95.18% in favor, while Jean-Marie Bourassa received 95.48% [2] - The lowest approval was for Alain Tremblay at 81.24%, with 41,500,260 votes in favor [2] Group 2: Company Overview - Savaria Corporation provides accessibility solutions for the physically challenged, enhancing comfort, mobility, and independence [3] - The company offers a comprehensive product line including stairlifts, wheelchair lifts, elevators, and medical equipment [3] - Savaria operates a global sales network with approximately 2,500 employees and manufacturing plants in multiple countries including Canada, the US, Mexico, Europe, and China [3]

Core Insights - Savaria Corporation has announced the acquisition of Western Elevator Ltd., enhancing its presence in the accessibility industry [1][5] - Western generated approximately $7.5 million in revenue in 2024 and has been a long-time dealer for Savaria [2] - The Vancouver area is a key market for luxury residential elevators, and Western has established strong relationships with local builders and architects [3] Company Overview - Savaria Corporation is a global leader in the accessibility industry, providing solutions for the physically challenged to enhance comfort, mobility, and independence [6] - The company offers a comprehensive product line, including stairlifts, wheelchair lifts, and elevators for both residential and commercial use [6] - Savaria operates a global sales network and employs approximately 2,500 people, with manufacturing plants located in multiple countries [6]

Core Insights - Savaria Corporation reported strong financial results for Q1 2025, with revenue reaching $220.2 million, a 5.2% increase compared to Q1 2024, driven by foreign exchange impacts and organic growth [3][7][9] - The company achieved its highest-ever first-quarter adjusted EBITDA of $40.6 million, reflecting a 17.2% improvement year-over-year [6][11] - The Accessibility segment, which constitutes 77% of total revenue, grew by 6.1%, while the Patient Care segment saw a 2.1% increase [17][18] Financial Performance - Revenue for Q1 2025 was $220.2 million, up $10.8 million from $209.4 million in Q1 2024, with a positive foreign exchange impact of 3.3% and organic growth of 0.8% [3][7][9] - Gross profit increased to $83.3 million, representing 37.8% of revenue, an increase of 180 basis points from 36.0% in Q1 2024 [3][7] - Operating income rose to $21.2 million, a 19.8% increase, with an operating margin of 9.6% compared to 8.5% in the previous year [10] Adjusted Metrics - Adjusted net earnings for Q1 2025 were $16.5 million, up 15.2% from $14.3 million in Q1 2024, with adjusted net earnings per share increasing to $0.23 from $0.20 [3][30] - Adjusted EBITDA was $40.6 million, a 17.2% increase from $34.7 million in Q1 2024, with an adjusted EBITDA margin of 18.5%, up 190 basis points [11][12] - The Accessibility segment's adjusted EBITDA margin reached 20.1%, while the Patient Care segment's adjusted EBITDA margin stood at 18.8% [18] Liquidity and Capital Resources - As of March 31, 2025, Savaria had available funds of $254.7 million to support working capital and growth opportunities [7][12] - The net debt position was $249.5 million, with a ratio of net debt to adjusted EBITDA of 1.49, improved from 1.63 as of December 31, 2024 [12] Outlook - For fiscal 2025, Savaria projects revenue of approximately $925 million, with an adjusted EBITDA margin between 17% and 20%, anticipating growth driven by volume, price increases, and new product launches [13][14] - The company is focused on optimizing its North American manufacturing footprint to maintain competitiveness and service its dealer partners effectively [15]

Core Viewpoint - Savaria Corporation, a leader in the accessibility industry, will release its financial results for Q1 2025 on May 7, 2025, followed by an investor conference call on May 8, 2025 [1]. Company Overview - Savaria Corporation is a global leader in providing accessibility solutions for the physically challenged, enhancing comfort, mobility, and independence [2]. - The company offers a comprehensive product line, including stairlifts, wheelchair lifts, elevators, pressure management products, medical beds, and equipment for safe patient handling [2]. - Savaria operates a worldwide sales network with direct sales offices in North America, Europe, Australia, and China, employing approximately 2,500 people globally [2].